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KCSMMHZ
Nov 7, 2012 6:00am PST
problems it's unclear how deeply the u.s. will engage on global issues such as syria, iran or china. u.s. relations with the outside world there are more difficult challenges to come. nhk world, washington. >>> president obama won, but he faces many economic challenges. we now ask an expert's view about his outlook. in our new york studio is richard katz, the editor in chief of the oriental economist report, newsletter on japan. mr. katz, thank you very much for joining us today. >> sure. >> among the many challenges president obama will first face the so-called fiscal cliff. how do you think he'll deal with it, and how will that affect asia? >> i think it will be very difficult to deal with it. the republicans have made it clear they continue to want to be the party of no. they're not willing to compromise on a combination of tax hikes and spending cuts. i say there's about a 50/50 chance the fiscal cliff could be avoided. at best it may be extended by a few months. if the fiscal cliff is short and then people come to their senses and compromise, the impact on asia will be small. but if
KCSMMHZ
Nov 12, 2012 5:30pm PST
by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation i
KCSMMHZ
Nov 26, 2012 2:30pm PST
that expectation that this conference ought to be "realistic." he pointed out that with the u.s. presidential election and the change in leadership in china, it is hard to predict how the two biggest polluters, how much pressure will be coming from them for an agreement. furthermore, the opinion is no longer playing the leading role that it once said they wanted to. the german government itself is also divided. the economics minister is worried about the impact of potential climate regulation on business. all in all, the political landscape does not suggest there will be a huge breakthrough. >> is it fair to say the climate concerns have taken a back seat to economic concerns? >> that was the case during the economic downturn. the euro crisis tends to touch people more directly than a climate change. i think there is some complacency in europe. people feel europe has met their climb at target and they have done their homework. other countries need to do more. greenpeace says it is time for europe, and germany in particular, to take the lead by being more ambitious. >> simon, thank you. >> the
KCSMMHZ
Nov 27, 2012 6:00am PST
launch in the next three weeks. earlier, u.s. satellite images of the facility showed what are believed to be parts of a long-range ballistic missile. >>> north koreans space officials failed earlier this year when they tried to launch what they said was a rocket carrying a satellite. some governments called it a missile test. the photos showing renewed activity in the north is prompting renewed attention from different nations. >> translator: we are monitoring related reports. maintaining peace and stability on the korean peninsula is the common responsibility of concerned nations. it's also in their interest. >> a u.s. defense department official declined to comment on the analysis, but the official said the u.s. asks north korea to follow a u.n. security council ban on launches involving ballistic technology. >>> the people who wont to be south korea's next president are mapping out their strategies in the lead-up to voting day. official campaigning is now under way. and so for the next three weeks candidates will be crisscrossing the country to sell their message. park geun hye of t
Search Results 0 to 3 of about 4